ZEEL Bearish ABCD Pattern Short

ZEE ENTERTAINMENT ENTERPRISESBSE

Description

⋅ Feb 16, 2017 3:55 AM

It is been observed that the price action formed a bearish ABCD harmonic pattern on daily and hourly chart indicating further move down.

Target: 500

Stoploss: 520

Trade active

⋅ Feb 16, 2017 3:57 AM

Comments

bibz4trade

⋅ Feb 16, 2017 4:04 AM

VR.StockMarket

⋅ Feb 16, 2017 7:45 AM

@bibz4trade, Does it mean that it can go up or break the channel downward? pls elaborate

NeeteshJain

⋅ Feb 16, 2017 3:55 PM

@VR.StockMarket, It may correct for a while but it shall again breach above the resistance levels. I appreciate your sharing. Regards

bibz4trade

⋅ Feb 16, 2017 3:56 PM

@VR.StockMarket,

bibz4trade

⋅ Feb 16, 2017 3:57 PM

@bibz4trade, above is the link to my post